RIPON, Wis. — Commercial laundry equipment manufacturer Alliance Laundry Systems reports that it is acquiring the distribution assets of Washburn Machinery Inc. and is expected to close on the purchase later this year. Terms were not disclosed.
Based in Elk Grove Village, Ill., a suburb of Chicago, Washburn Machinery provides on-premises laundry solutions to a variety of businesses in Northern and Central Illinois, Northern Indiana, and East Central and Southern Wisconsin markets. The business opened in 1948.
Alliance says the acquisition is its latest move in a strategy “to bring exceptional service and factory support to expanding markets where there is an opportunity to partner with exceptional people.”
“Alliance and Washburn coming together will accelerate our opportunities in this exciting market by leveraging the strengths of Washburn’s sales and service teams with the backing of Alliance,” says Rick Pyle, president and chief commercial officer of Alliance Laundry Systems.
Jeff Fox, president of Washburn Machinery, will join Alliance in a leadership role and continue to oversee the business and drive its growth initiatives as part of Alliance Laundry Systems.
“I believe this is a great opportunity for my dedicated team to grow and be a part of an exciting future,” Fox says. “I look forward to introducing new and current customers to an even higher level of service.”